2014
DOI: 10.1086/675258
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Optimal Agency Bias and Regulatory Review

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Cited by 25 publications
(22 citation statements)
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“…We focus on two design issues. Following Bubb and Warren (2014): the type of experts the journal editor will assign and whether to appoint a separate associate editor to review recommendations proposed by the panel of experts.…”
Section: Basic Modelmentioning
confidence: 99%
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“…We focus on two design issues. Following Bubb and Warren (2014): the type of experts the journal editor will assign and whether to appoint a separate associate editor to review recommendations proposed by the panel of experts.…”
Section: Basic Modelmentioning
confidence: 99%
“…The latter assumption implies that an extra 3 hours of work per week is tougher for a reviewer currently working 60 hours a week than for a referee currently working 30. In order to keep the model as simple as possible, we assume that the effort-cost function ϕ(e) can be defined as (Bubb & Warren, 2014): φ e A e ( ) = 2 2 and thus it takes a quadratic form, where constant A is sufficiently large (see Figure 1). If the reviewer finds problems in a manuscript, he can then request (minor and/or major) revisions.…”
Section: Basic Modelmentioning
confidence: 99%
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“…7 This is referred to as a policy 'target' due to the fact that the likelihood outcomes are realized at this target is dependent on the agency's aforementioned effort investment in capacity. This will become clear in the model section.8 While I do not deal with the question of when bias may be preferable to slack in this article, see generallyBendor and Meirowitz (2004),Bubb and Warren (2014), and Van Weelden (2013) for different analyses of this trade-off.…”
mentioning
confidence: 98%